By Kanishka Singh WASHINGTON (Reuters) – Republican U.S. presidential candidate and Florida Governor Ron DeSantis said on Sunday he would take steps to revoke China’s permanent normal trade relations status if he won the 2024 White House race. “I favor doing that. I think we probably need Congress but I would take executive action as…
By Mathieu Rosemain and Leigh Thomas AIX-EN-PROVENCE, France (Reuters) – European firms are concerned they could get caught in the cross-fire of rising economic rivalry between the United States and China, with some officials at a French business conference also frustrated at Europe’s slowness in crafting a response. Rising trade tensions between the two superpowers…
VATICAN CITY (Reuters) – Pope Francis announced on Sunday that he would induct 21 churchmen to the high rank of cardinal in September. The following are set to become cardinals: Cardinal Electors under 80 1 – Archbishop Robert Prevost, American, Vatican official, head of the Dicastery for Bishops 2 – Archbishop Claudio Gugerotti, Italian, Vatican…
By David Randall NEW YORK (Reuters) -As second-quarter earnings approach, investors are looking at beaten-down sectors which might gain ground regardless of whether the U.S. economy falls into recession this year. While the benchmark S&P 500 has gained nearly 15% year-to-date driven by a handful of megacap growth and technology names, some sectors have lagged,…
PARIS (Reuters) – French Finance Minister Bruno Le Maire on Sunday said he was “very hopeful” Tesla Chief Executive Elon Musk will pick France for a substantial investment linked to the production of electric vehicles in Europe. Musk recently met French government officials, including President Emmanuel Macron, as he explores options for future production sites….
(Reuters) – Russia’s Foreign Ministry spokeswoman Maria Zakharova said on Sunday that the leaders of the U.S.-led transatlantic NATO defence alliance should discuss Ukraine’s Zaporizhzhia nuclear plant at their summit this week. NATO leaders will meet in Vilnius on July 11-12 to tackle a wide range of topics, from divisions over Ukraine’s membership bid and…
(Reuters) – All six people aboard a small jet died when the aircraft crashed and burned in a field near an airport near Los Angeles on Saturday, local and federal authorities said. The aircraft, a Cessna C550 business jet, was traveling from Las Vegas and crashed near French Valley Airport in Riverside County, about 85…
(Reuters) – U.S. Treasury Secretary Janet Yellen said on Sunday she believes China and the U.S. have made some progress and can have a healthy relationship, following 10 hours of bilateral meetings with senior Chinese officials in Beijing. Yellen’s trip was the latest in efforts to stabilize tense relations and prevent conflict between the world’s…
KYIV (Reuters) -Ukraine’s Defence Minister Oleksii Reznikov welcomed a U.S. decision to send cluster bombs to Kyiv, saying it would help to liberate Ukrainian territory but promised the munitions would not be used in Russia. The U.S. announced on Friday it would supply Ukraine with widely banned cluster munitions for its counteroffensive against occupying Russian…
(Reuters) – Jack Sweeney, the creator of an account tracking Elon Musk’s private jet in real time, has moved to Mark Zuckerberg’s Twitter-rival Threads after being suspended from Twitter last year. “ElonJet has arrived to Threads!” read Sweeney’s first post on Thursday from the account handle @elonmusksjet, which had over 21,000 followers as of Saturday…
